Corporate reporting for AIM - Keeping pace in changing times

QCA member, PwC are holding a breakfast briefing to explore the findings from their review of Corporate Reporting in the AIM 100.

Our member, PwC are holding a breakfast briefing where they will release the findings from their review of Corporate reporting in the AIM 100, and you will be able to hear from our Chief Executive Tim Ward on what constitutes good governance for AIM and how companies have responded to the AIM Rule 26 changes.

Background

The ability of AIM companies to effectively tell their strategic story is of growing importance as the market continues to attract increasing attention. As a result, AIM reporting requirements are moving towards those applied by Main board companies, for example the recent requirement for AIM members to report against a recognised governance code.

Additionally the FRC has been clear in its recent thematic review of Small-cap/AIM that “there is clearly still scope for further improvement” in the quality of reporting, in particular on the strategic report.

While it is believed that some companies are producing a high quality narrative, others continue to view their annual report as a regulatory filing document. However, PwC's research with investors shows that a good annual report is a tool that can give companies a competitive edge.

Key questions to consider:

Does your strategic reporting tell your company’s story?

Is your reporting giving investors the information they need to make an investment decision and is it fair and balanced?

How will a change in governance reporting impact the way you operate your business?

Are these changes for the better, or just another reporting requirement?